 At the latest Berkshire Hathaway shareholder annual meeting for 2023, Mr. Warren Buffett has asked about the future of AI and how it will affect the economy and the stock market. Listen to the question and the answer and we'll look at the end at some thoughts. Hi, Charlie. I'm Al Warrant. I'm Karen here from Singapore. Your priorities are right. Yes, I have a question on AI and robotics. Here's my question. As AI and robotics continue to advance, what do you believe will be the positive and the negative impact of this technology on both the stock market and society as a whole? And are there any specific industries and companies that you believe will be most impacted? Karen, I thank you for asking Charlie that question. Well, if you went into BYD's factories in China, you would see robotics going in at an unbelievable rate. So we're going to see a lot more robotics in the world. I am personally skeptical of some of the hype that has gone into artificial intelligence. I think old-fashioned intelligence works pretty well. There won't be anything in AI that replaces the gene. I'll state that unqualifiedly. It can do amazing things. Bill Gates brought me out of the latest, maybe not the latest version, but one he thought maybe I could handle, which has to be careful with me in terms of leading me too fast. And it did these remarkable things. But it couldn't tell jokes. Bill told me that ahead of time and prepared me, and it just isn't there. But things like checking all the legal opinions, since the beginning of time and everything, and eliminating all the... It can do all kinds of things. And when something can do all kinds of things, I get a little bit worried. Because I know we won't be able to uninvent it. And we did invent, for a very, very good reason, the atom bomb in World War II. And it was enormously important that we did so. But is it good for the next 200 years of the world that the ability to do so has been unleashed? We didn't have any choice. But when you start something, well, Einstein said after the atom bomb, he said this is to change everything in the world except how men think. And I would say the same thing may... Not the same thing. I don't mean that. I mean, with AI, it can change everything in the world except how men think and behave. And that's a big step to take. It's a good question, and it's the best answer we can give. Becky? This question... It's important that you... So that was the answer from Warren Buffett and Charlie Munger. Don't you think they sound a little bit defensive? Important that you... Don't you think they're comparing or putting up AI against humans? As in it's an adversarial competition, and they use the word unleashed. So it sounds like they're almost warning us that, hey, maybe this needs to be regulated. They're comparing it to the nuclear bomb. So it almost seems like a warning. Let me know if you agree with that. And I hope you like the video. Cheers.